belongs to book: AUDITING & ASSURANCE SERVICES | A Systematic Approach|William F.Messier, Steven M.Glover, Douglas F. Prawitt|10th Edition| Chapter number:11| Question number:11.16
What are the difference between accounts receivable and accounts payable confirmations?
Accounts payable confirmations are generally used less frequently than accounts receivable confirmations because the auditor can test accounts payable by examining vendor invoices and monthly vendor statements
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Accounts payable confirmations are generally used less frequently than accounts receivable confirmations because the auditor can test accounts payable by examining vendor invoices and monthly vendor statements
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